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1-bed · 883 sqftFairview Residency, Business Bay · 12th floor · completed 2014

1207, Fairview Residency

Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 31 October 2019
Last soldAED 700K31 October 2019
Current rentAED 75K /yr21 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1207, Fairview Residency

What is 1207 worth today?

Last sold for AED 700,000 in 2019

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31 Oct 2019Sold by developerReady
AED 700,000AED 793 per sqft
21 Feb 2017RentedNew contract
AED 75,000/yr12 months · AED 85 per sqft
15 Feb 2016RentedNew contract
AED 75,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 31 October 2019.

Key facts

Type
1-bed apartment
Size
883 sqft
Floor
12th of 18
Parking
P1-43
Developer
Deyaar
Completed
2014
Service charge
AED 13,300 /yr
Last sold
AED 700K · October 2019
Building
Fairview Residency

About 1207, Fairview Residency

1207 is a one-bedroom apartment of 883 sqft on the 12th floor of Fairview Residency, a 18-storey tower in Business Bay completed in 2014 by Deyaar. The developer sold it on 31 October 2019 for AED 700,000, or AED 793 per sqft, 15% below the AED 935 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 21 February 2017, is AED 75,000 a year: a gross yield of 10.7% on the 2019 price, before the service charge of about AED 13,300 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical one-bed in Fairview Residency
01M2009201420192024Typical sale price by year: 2009 AED 1,521,701; 2010 AED 1,110,535; 2013 AED 1,266,991; 2014 AED 1,191,808; 2015 AED 1,170,000; 2016 AED 1,200,000; 2017 AED 1,075,000; 2018 AED 1,000,000; 2019 AED 770,000; 2021 AED 143,696; 2022 AED 775,000; 2023 AED 1,050,000; 2024 AED 1,112,500; 2025 AED 1,165,000; 2026 AED 1,110,000Sold by developer, October 2019: AED 700,000 (AED 793 per sqft)

1207 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1207, each contractTypical one-bed in Fairview Residency
60K80K2014201820222026Typical rent by year: 2014 AED 85,000; 2015 AED 89,250; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 62,000; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 57,000; 2023 AED 65,065; 2024 AED 72,000; 2025 AED 77,500; 2026 AED 75,000New contract, February 2016: AED 75,000 a yearNew contract, February 2017: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Fairview Residency, and where 1207 sits

All 160 1-beds →

1207 last sold in October 2019 at AED 793 per sqft, 15% below what one-beds in Fairview Residency were fetching at the time (AED 935). Over the last 12 months one-beds sold for AED 1,050,000 to 1,385,000, around AED 1,340 per sqft, and rent for AED 52,000 to 110,000 a year. 1207's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Sep 20261,120,000
17 Aug 20261,150,000
4 Aug 20261,050,000
16 Jul 20261,100,000
11 1-bed sales in the last 12 months

Fairview Residency

Building

166 apartments, studios to 2-bed over 18 floors in Business Bay, completed in 2014 by Deyaar. 12 sold in the last 12 months.

Typical price per sqft
AED 1,373 Up 3.0%
Typical sale
AED 1.14M
Typical rent
AED 75K /yr
Typical yield
6.7%
Fairview Residency, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 166 units in Fairview Residency
Value
12011-bedAED 1.1M · Jul 2025
12021-bedAED 1.03M · Apr 2023
12031-bedAED 1.24M · Jan 2024
12041-bedAED 1.4M · Nov 2014
12051-bedAED 1.32M · May 2025
12061-bedAED 1.05M · Aug 2026
12081-bedAED 1.13M · Oct 2024
1–7 of 9

1207, Fairview Residency in numbers

  • Sold once: by Deyaar on 31 October 2019 for AED 700,000, or AED 793 per sqft.
  • Rented since February 2016 on 2 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2019 price is 10.7%, before a service charge of about AED 13,300 a year (AED 15.11 per sqft).
  • One-beds in Fairview Residency sold for AED 1,050,000–1,385,000 in the 12 months to November 2026; the building's median across all types is AED 1,373 per sqft.

Source: Dubai Land Department. Updated 31 October 2019.

Questions about 1207, Fairview Residency

What did unit 1207 last sell for?

AED 700,000 on 31 October 2019, sold by the developer: AED 793 per sqft for 883 sqft. It is the only registered sale of the unit.

What is the rent for unit 1207?

AED 75,000 a year on the contract signed on 21 February 2017. The previous contract, from February 2016, was AED 75,000.

How big is unit 1207?

883 sqft (82.0 sqm): a one-bedroom apartment on the 12th floor of a 18-storey tower completed in 2014.

What is unit 1207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Fairview Residency sold for AED 1,050,000 to 1,385,000 in the last 12 months, around AED 1,340 per sqft.

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Mortgage on 1207, Fairview Residency

Starts from the last sale price (AED 700K, 31 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →